Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Ferrari ( (IT:RACE) ) has issued an announcement.
On September 29, 2025, Ferrari N.V. announced the completion of the eighth tranche of its multi-year share buyback program, which was initially revealed during the 2022 Capital Markets Day. The company purchased additional common shares on the Euronext Milan and New York Stock Exchange, with a total consideration of approximately Euro 22.9 million. Since the start of the buyback program, Ferrari has invested a total of Euro 1.77 billion, acquiring over 5.3 million shares. This buyback initiative is part of Ferrari’s strategy to enhance shareholder value and reflects its strong financial position.
The most recent analyst rating on (IT:RACE) stock is a Buy with a EUR448.00 price target. To see the full list of analyst forecasts on Ferrari stock, see the IT:RACE Stock Forecast page.
More about Ferrari
Ferrari N.V. is a renowned luxury sports car manufacturer based in Maranello, Italy. The company is known for its high-performance vehicles and has a significant presence in the global automotive industry, focusing on the production and sale of luxury sports cars.
YTD Price Performance: -0.81%
Average Trading Volume: 312,047
Technical Sentiment Signal: Buy
Current Market Cap: €95.96B
For a thorough assessment of RACE stock, go to TipRanks’ Stock Analysis page.